Abrdn Income Credit Strategies Fund (ACP) to Issue Monthly Dividend of $0.10 on September 30th

Abrdn Income Credit Strategies Fund (NYSE:ACP) declared a monthly dividend on Tuesday, September 10th, Zacks reports. Shareholders of record on Friday, September 20th will be given a dividend of 0.10 per share by the investment management company on Monday, September 30th. This represents a $1.20 annualized dividend and a yield of 18.35%. The ex-dividend date is Friday, September 20th.

Abrdn Income Credit Strategies Fund Stock Performance

Shares of Abrdn Income Credit Strategies Fund stock opened at $6.54 on Wednesday. The business has a 50-day moving average of $6.51 and a two-hundred day moving average of $6.66. Abrdn Income Credit Strategies Fund has a 1 year low of $5.55 and a 1 year high of $7.17.

About Abrdn Income Credit Strategies Fund

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.